reduces profits and and output. Employment effects are sensitive to the representation of preferences. In our benchmark, small … reductions in working time, starting from the laissez-faire equilibrium solution, always increase employment, while larger … reductions reduce employment. However, the employment gains from reducing working time are relatively small …

aggregate labour maket activity in Germany, the United Kingdom, and the United States is constructed, and the sources of …

The paper explores the influence of job security provisions on employment and unemployment. We show that this influence …’ bargaining power in wage negotiations. Specifically, costs of firing and hiring reduce employment and stimulate unemployment when …

dynamics of employment and unemployment in order to identify key issues for the sources of the malfunctioning of these labour … passive labour market policies, and the structure of employment and output. …

employment, using explanatory variables such as tax and social security benefit rates. Other variables represent the … estimates do not suggest that employment is significantly explained by the tax-benefit system. Nevertheless, we simulate the …